Sold Status
$335,000 Sold Price
Multi Type
5 Beds
2 Baths
2,080 Sqft
Listed By Steve Lipkin of Coldwell Banker Hickok & Boardman - (802)846-9575
Sold By RE/MAX North Professionals
Sold By RE/MAX North Professionals
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Essex
Great investment opportunity with a 7.5% Cap! This L-Shaped Ranch offers two wonderful apartments with separate utilities - one with 3 bedrooms, a finished lower level and a garage plus a 2 bedroom unit with basement. Nicely updated kitchens and baths plus hardwood floors in both. Laundry hook-ups, plenty of storage space and a great yard for tenants to enjoy! Large corner lot in quiet neighborhood yet minutes to shopping, cinema, golf and more.
Property Location
12 Frederick Road Essex
Property Details
Sold Price $335,000 | Sold Date Mar 9th, 2018 | |
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MLS# 4659144 | Bedrooms 5 | Garage Size 1 Car |
List Price 339,000 | Total Bathrooms 2 | Year Built 1966 |
Type Multi-Family | Lot Size 0.3400 Acres | Taxes $5,530 |
Units 2 | Stories 1 | Road Frontage 250 |
Annual Income $0 | Style Duplex, Ranch | Water Frontage |
Annual Expenses $8,409 | Finished 2,080 Sqft | Construction No, Existing |
Zoning Residential | Above Grade 1,680 Sqft | Seasonal No |
Total Rooms 5 | Below Grade 400 Sqft | List Date Sep 14th, 2017 |
Gross Income $0 | Operating Expenses $8,409 | Net Income $34,500 |
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Expenses Includes |
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Unit 1 3 Beds, 1 Baths, 1,312 SqFt, $1,575/Mo | Unit 2 2 Beds, 1 Baths, 768 SqFt, $1,300/Mo |
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ConstructionWood Frame |
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BasementInterior, Unfinished, Finished |
Interior Features |
Exterior Features |
Exterior Vinyl Siding | Disability Features |
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Foundation Block | House Color |
Floors | Building Certifications |
Roof Shingle | HERS Index |
DirectionsRoute 15 toward Jericho, left onto Richard Street, left onto Lamell Avenue, right onto Frederick Road, house on right at corner of Marion Avenue. |
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Lot Description, Corner |
Garage & Parking Yes, Direct Entry, |
Road Frontage 250 | Water Access |
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Driveway Paved | Water Type |
Flood Zone Unknown | Water Body |
Zoning Residential |
School District NA | Middle |
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Elementary | High |
Heat Fuel | Excluded |
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Heating/Cool None, Hot Air, Hot Water | Negotiable |
Sewer Public | Parcel Access ROW |
Water Public | ROW for Other Parcel |
Water Heater Other | Financing |
Cable Co | Documents |
Electric Circuit Breaker | Tax ID 207-067-12776 |
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